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100 Dollars
| Issuer | Chartered Bank of India, Australia & China |
|---|---|
| Year | 1860 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1845-1939) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | $ 100 INCORPORATED BY ROYAL CHARTER SINGAPORE THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Promises to pay the Bearer on Demand at its OFFICE here One Hundred Dollars or the equivalent in the Currency of the Island. Value received. BY ORDER OF THE COURT OF DIRECTORS Entd. Acct. MANAGER |
| Reverse description | Log in to see details |
| Reverse lettering | CBIAC |
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| Comments |
The Chartered Bank of India, Australia and China received its royal charter in 1853 and began operations in 1858 — meaning this 1860 issue comes from the bank's very earliest years of operation. Batho, Sprague & Co. were a respected London security printing house active through the mid-Victorian period, handling note production for several colonial and overseas banks before the trade consolidated around larger firms like Perkins Bacon and De La Rue.
Dollar-denominated notes from British-chartered banks operating in the Straits Settlements and Hong Kong during this period occupy an awkward monetary position — officially British institutions, but issuing in a currency unit tied to silver trade rather than sterling. Surviving examples from the 1860 series are exceptionally rare; the bank revised its note designs multiple times before 1900, and early issues saw heavy circulation in port trade.